AuEx Ventures, Inc.: Expiry Dates of Warrants Accelerated
29 September 2010 - 2:17AM
Marketwired
AuEx Ventures, Inc. (TSX: XAU) ("AuEx" or the "Company") has
exercised its right to accelerate the expiry dates of its
outstanding warrants.
The Company has 13,250 common share purchase warrants (the
"Certificated Warrants") issued on March 11, 2009. On September 24,
2010, the Company gave notice to the holders of the Certificated
Warrants accelerating the expiry date of those warrants to October
25, 2010. As a result, each Certificated Warrant entitles the
holder to acquire one common share of AuEx at a price of C$3.25 on
or before October 25, 2010.
The Company has 629,500 common share purchase warrants (the
"Indentured Warrants") governed by purchase warrant indenture
between AuEx and Computershare Trust Company of Canada dated June
16, 2009, as amended by a supplemental indenture dated June 15,
2010. On September 24, 2010, the Company gave notice to the holders
of the Indentured Warrants accelerating the expiry date of those
warrants to October 25, 2010. As a result, each Indentured Warrant
entitles the holder to acquire one common share of AuEx at a price
of C$3.30 on or before 1:30 p.m. (Vancouver time) on October 25,
2010.
AuEx Ventures, Inc.
Richard L. Bedell Executive Vice President
Contacts: AuEx Ventures, Inc. Richard L. Bedell 775-337-1545
rbedell@auex.com
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